“Whales” Bought Chainlink Tokens for $14.7 Million in One Day

2 min readJan 5, 2022

According to the WhaleStats service, large cryptocurrency holders conducted 11 transactions to buy LINK.

The three largest token holders on the Ethereum network have conducted 11 transactions to buy Chainlink tokens in the last 24 hours. In total, the “whales” in 24 hours bought an altcoin worth $14.7 million. Chainlink (LINK) purchase transactions were recorded by the WhaleStats service, which tracks large cryptocurrency movements in the Ethereum network.

At the end of November 2021, the Chainlink token became the most popular cryptocurrency among the largest Ethereum holders. The daily trading volumes of this altcoin among the thousand of the largest owners of Ethereum exceeded $2 million. According to this indicator, the token bypassed other popular cryptos, such as Shiba Inu.

At the end of October 2021, it became known that large holders had accumulated a quarter of the entire Chainlink supply. For four months, the whales have been actively buying LINK.

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